Should lawyers ask for money up-front when it comes to conveyancing in Binfield?

Where you are retaining lawyers for conveyancing in Binfield your solicitor will ask you put them with monies to cover the search fees. Normally this is asked for to cover the fees of the Local Authority Search. If any down payment is payable against the total price then this should be required shortly before exchange of contracts. The closing balance that is needed should be transferred shortly before completion.

I am considering applying for a Yorkshire BS mortgage for purchase of a new build (under development) in Binfield with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Yorkshire BS ?

There is nothing to stop you using your solicitor, but Yorkshire BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one near me in Binfield I like with a park and transport links nearby, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Binfield for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?

Should you require a home loan that many years will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.

I have been sourcing a conveyancing solicitor in Binfield for my house move. Can I check a firm’s record with the legal regulator?

Anyone can review documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find information Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA may recorded telephone calls for training requirements.

I am intending to sublet my leasehold apartment in Binfield. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?

Even though your previous Binfield conveyancing solicitor is not around you can review your lease to see if it allows you to sublet the premises. The rule is that if the deeds are silent, subletting is allowed. Quite often there is a prerequisite that you are obliged to seek consent from your landlord or some other party in advance of subletting. This means that you cannot sublet without first obtaining permission. The consent is not allowed to be unreasonably refused ore delayed. If the lease prohibits you from subletting the property you will need to ask your landlord if they are willing to waive this restriction.

Binfield Conveyancing for Leasehold Flats - Sample of Questions you should ask before buying

Its a good idea to find out as much as possible concerning the company managing the building as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are frequently in the clutches of the managing agents both financially and when it comes to practical matters like the tidiness of the communal areas. Enquire of prospective neighbours whether they are happy with them. In conclusion, find out the dates that the maintenance charges are due to the appropriate party and precisely what you get for your money. What is the service charge and ground rent on the apartment? Does the lease have onerous restrictions?